CanAsia Energy (CVE:CEC) Shares Up 25% – Here’s What Happened

Shares of CanAsia Energy Corp. (CVE:CECGet Free Report) shot up 25% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 101,000 shares traded hands during trading, an increase of 58% from the average session volume of 63,849 shares. The stock had previously closed at C$0.06.

CanAsia Energy Price Performance

The company’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.09. The stock has a market cap of C$8.46 million, a price-to-earnings ratio of -3.75, a P/E/G ratio of 0.41 and a beta of 1.03.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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